Security | Threat Detection | Cyberattacks | DevSecOps | Compliance

As March rolls to an end, Egnyte is excited to roll out a solution built specifically for AEC companies, improvements to the Workflow API, and a whole host of governance improvements. Read on to learn more.

Cyber insurance premiums are growing exponentially. It’s a dilemma that puts new financial pressures on organizations that are eager to protect their digital assets, but wary of increased spending. ‍Part I of this cyber insurance blog series explored six reasons why cyber insurance costs are increasing so rapidly.

What’s happening today in the cyber insurance market is comparable to what happens to property insurance in a region that experiences a major hurricane or devastating flood. Not only are your company’s premiums increasing; oftentimes, insurers are scrutinizing your overall risk preparedness as part of their renewal process. In the first part of this two-part series, we’ll examine why cybersecurity insurance premiums have skyrocketed.

The cybersecurity community uses the term Advanced Persistent Threats to refer to threats that have extremely long persistence on a particular target—often lurking inside a target system for years. Their targets can include government agencies (at all levels), including contractors and suppliers far down the supply chain. Due to their passive nature, you may not even realize that your organization is a target for an APT. In fact, your infrastructure may already be infiltrated.

AEC firms have always looked for tools that give them a competitive advantage, but today’s technological advancements have pushed many of them into uncharted territory. Companies that long concerned themselves with the physical are now adapting to the digital, and they’re struggling to manage all the new software, the flood of data, and the rising threat of cyber attacks.